In the last Usd/Jpy forecast it was stated that the Jpy/Usd formed a X2 pattern with the implication of a choppy upmove ´till :
7XZ 1/2 inverse : 95.14 (-95.64)
7XZ 1/1 inverse : 99.42
It was also said that a downmove will take place first :
Target area of the downmove : 89-87.91
Accordingly to the forecast ,the pair headed lower.
Last low at 89.70 on 1/22/10
After completing the current downmove in the target zone between 89-87.91 the Jyp/Usd will reach the targets of 95.14(95.64) and 99.42.
Chart: Jpy/Usd ,X-Sequentials 60 Minute Chart
yours sincerely ,